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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2%

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

The $500 billion city — complete with flying taxis and robotic domestic help — is being built from scratch and will be home to a million people. And what energy product will be used both to power this city and sell to the world? The plant is powered by 4 gigawatts from wind and solar projects that sprawl across the desert.

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. These behind-the-meter assets are increasingly becoming targets for infrastructure investors.

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Unlocking California’s Gigawatt-Scale Distributed Energy Potential

GreenTechMedia

California’s distributed energy resources add up to gigawatts' worth of capacity that could be used to prevent future rolling blackouts and balance the state’s increasingly clean-powered grid — if the state can compensate them for those services. 14 and 470 MW shed on Saturday, Aug.

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Western Heat Wave Tests California’s Clean Grid Transition

GreenTechMedia

this weekend will push California’s grid to the limits, as the state charts a course to eliminating fossil fuel power. To prepare, grid operator CAISO issued a Flex Alert , asking customers to reduce electricity consumption during the late afternoon and evening Friday as the grid copes with “near-record or record-breaking heat.”

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Consumers Energy seeks rate hike for grid modernisation

Smart Energy International

Investor-owned utility, Consumers Energy has proposed a $272 million investment in Michigan’s electric grid in what it said is a bid to increase reliability and prepare the grid for more renewable energy. In the second half of 2021, Consumers Energy filed a five-year, $5.4 per month.

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Wood Mackenzie’s Key Takeaways From the Grid Edge in Q4

GreenTechMedia

Last year, utilities, grid operators and grid edge vendors all continued to grapple with their evolving roles in delivering and managing power. million electric vehicle charging points were installed globally in 2019, Wood Mackenzie found in Q4, with another 18.3 million EV charging points to be installed globally by 2025.